5,000 Shares in Meta Platforms, Inc. $META Purchased by Pangea Capital Gestao de Recursos Ltda.

Pangea Capital Gestao de Recursos Ltda. acquired a new position in shares of Meta Platforms, Inc. (NASDAQ:META) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,000 shares of the social networking company’s stock, valued at approximately $2,861,000. Meta Platforms comprises about 2.2% of Pangea Capital Gestao de Recursos Ltda.’s portfolio, making the stock its 4th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Auto Owners Insurance Co increased its position in shares of Meta Platforms by 76,587.7% during the 4th quarter. Auto Owners Insurance Co now owns 105,292,277 shares of the social networking company’s stock valued at $69,502,379,000 after purchasing an additional 105,154,977 shares during the last quarter. Norges Bank purchased a new stake in Meta Platforms during the 4th quarter valued at $22,152,075,000. Vanguard Group Inc. lifted its position in Meta Platforms by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 199,995,630 shares of the social networking company’s stock worth $132,015,115,000 after buying an additional 7,269,279 shares during the last quarter. Corient Private Wealth LLC lifted its position in Meta Platforms by 488.1% in the fourth quarter. Corient Private Wealth LLC now owns 5,466,595 shares of the social networking company’s stock worth $3,608,445,000 after buying an additional 4,537,076 shares during the last quarter. Finally, State Street Corp boosted its stake in Meta Platforms by 5.1% during the fourth quarter. State Street Corp now owns 90,841,345 shares of the social networking company’s stock worth $59,963,463,000 after buying an additional 4,395,763 shares during the period. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Meta Platforms Trading Up 6.0%

Shares of META opened at $590.24 on Tuesday. Meta Platforms, Inc. has a 1-year low of $520.26 and a 1-year high of $796.25. The company has a 50-day moving average of $600.76 and a 200 day moving average of $622.55. The firm has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 22.23, a PEG ratio of 0.93 and a beta of 1.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.23 and a quick ratio of 2.23.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.19 by ($1.01). The company had revenue of $60.80 billion during the quarter, compared to analysts’ expectations of $60.22 billion. Meta Platforms had a net margin of 29.83% and a return on equity of 33.18%. Meta Platforms’s quarterly revenue was up 28.0% on a year-over-year basis. During the same period last year, the firm earned $7.14 earnings per share. On average, research analysts expect that Meta Platforms, Inc. will post 28.99 EPS for the current year.

Meta Platforms Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s payout ratio is currently 7.91%.

Key Meta Platforms News

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: AI spending narrative improves: Strong earnings from Amazon, Microsoft, Alphabet and other cloud companies suggest enterprise AI demand remains robust, supporting the case for continued infrastructure investment and potentially greater monetization of Meta’s AI tools and recommendation systems. Amazon Just Flipped the AI Capex Narrative
• Positive Sentiment: Valuation attracts buyers: Multiple analyses describe Meta as inexpensive relative to its growth, citing a forward P/E near 17 and expectations for approximately 40% upside. Evercore’s Mark Mahaney reportedly named Meta a top large-cap idea with an $820 price target, while other analysts also maintain bullish views. Meta Named a Top Large-Cap Long Idea
• Positive Sentiment: Core advertising business remains strong: Recent coverage highlights rising revenue, ad impressions, ad prices and user engagement. Investors are encouraged that Meta’s AI investments may already be improving targeting, recommendations and advertising performance. Mark Zuckerberg Says He’s Betting Big on AI Compute
• Positive Sentiment: Recent earnings showed substantial growth: Meta’s latest quarter produced $60.8 billion in revenue, up 28% year over year and above estimates. That growth, combined with a comparatively low valuation, is driving “buy-the-dip” recommendations. Is Meta Stock a Buy on the Dip?
• Neutral Sentiment: International exposure is a key variable: Investors are assessing Meta’s dependence on overseas revenue, including the stability of international advertising demand and currency-related risks. Meta International Revenues Trends
• Negative Sentiment: AI investment remains the main risk: Meta’s earnings miss and concerns about sharply higher capital expenditures, weaker free cash flow and the timing of returns caused the recent post-earnings pressure. Some analysts have also reduced price targets, including Bank of America to $810 and Monness Crespi & Hardt to $730. What’s Going on With Meta Stock?

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on META shares. Citizens Jmp cut their price objective on shares of Meta Platforms from $800.00 to $770.00 and set a “market outperform” rating on the stock in a research report on Thursday, July 30th. Evercore restated an “outperform” rating on shares of Meta Platforms in a report on Thursday. Wells Fargo & Company dropped their price target on shares of Meta Platforms from $835.00 to $640.00 and set an “overweight” rating for the company in a research note on Thursday. Scotiabank reiterated a “sector perform” rating and set a $600.00 price target on shares of Meta Platforms in a report on Thursday. Finally, Mizuho set a $750.00 price objective on shares of Meta Platforms in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $789.95.

Insider Buying and Selling

In related news, Director Robert M. Kimmitt sold 500 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $607.75, for a total value of $303,875.00. Following the transaction, the director owned 3,443 shares of the company’s stock, valued at $2,092,483.25. This represents a 12.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Javier Olivan sold 837 shares of the firm’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of $607.85, for a total value of $508,770.45. Following the transaction, the chief operating officer owned 6,290 shares in the company, valued at $3,823,376.50. The trade was a 11.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 37,770 shares of company stock valued at $23,034,051 in the last quarter. 13.53% of the stock is owned by company insiders.

About Meta Platforms

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.